TEL AVIV, April 22 Internet and network security
provider Check Point Software Technologies reported
higher quarterly profit that topped expectations on higher sales
of its software blades.
The Israeli company earned 79 cents a share excluding
one-time items in the first quarter of 2013, up from 74 cents a
year earlier. Revenue grew 3 percent to $322.7 million but came
in below expectations due to a $5 million decline in super
high-end deals which fluctuate greatly, the company said on
Check Point was forecast to have earned 78 cents a share on
revenue of $328 million, according to Thomson Reuters I/B/E/S.
Earnings per share were also at the high end of the company's
own forecast of 74-80 cents.
During the first quarter, Check Point launched a new
software blade - modular software building blocks that are
bought on an annual subscription basis - that stops unwanted
malware, or malicious software.
It also introduced a software blade for security and